The sudden spread of deadly coronavirus has affected the population across the world. It has created a dangerous and panic situation amongst humankind. The planet is experiencing a sudden attack of events that they had not even imagined.
As the number of virus victims is increasing rapidly, many nations have decided to adopt isolation as the only solution to prevent this disease. People are not allowed to come out of their houses and strictly suggested following the rules and regulations of quarantine until it all turns off.
As the condition doesn’t seem to be improving very quickly, every sector of the society is enforced to look for an alternate medium to perform their daily activities. And the business industry is not an exception. But thankfully, technology has turned out to be a great warrior for many sectors.
The announcements of health organizations to maintain social distancing made consumers stay in. On the other hand, it has brought forth an opportunity for entrepreneurs and brand owners to give it back to the world in the most crucial times.
Why is online business the right solution for brands?
Despite the adverse situation, there is a sudden enhancement in the installation of mobile applications. People are searching for anything and everything through mobile apps, be it games or online grocery products.
Due to complete lockdowns in many nations, crowds have shifted to online purchasing for useful daily items. Therefore, they have increased the online shopping rate. Many online platforms are falling short of items and services or are having delayed deliveries.
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Recommendations of experts
Retail and logistics experts claim that online purchasing is increased during the outbreak of the coronavirus pandemic. Sectors like electronics and healthcare have noticed an increase of 91 percent and 109 percent, respectively.
From the above statistics, it is evident that online business has the strength to survive these challenging times and grow in the coming times.
If you have been running an offline business or you had some strategies to invest in some new industry, it is the best time to give your idea a real face.
There are few verticals that see positive futuristic growth. To help you out, we have mentioned some of them. Have a look –
E-learning or education application is one of the best businesses to invest as it has no chance of failure. Since all schools, colleges, educational institutes are shut down due to the lockdown, and people are taking a keen interest in taking up online classes that are certified and add value to them.
Parents are interested in taking up a course for their children while adults are getting new knowledge in their free time just by staying at home.
Due to coronavirus, many hotels, restaurants, and public food hubs are shut down. To get it going, you can log in to an online food ordering app. This is no new business, but it is undoubtedly making exceptional efforts in such hard times.
People cannot stay away from food. They have to order or cook food. Offer your app for home delivery of food. Ensure a sanitized medium that will delight consumers for pushing in more orders in the future.
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Healthcare online delivery
Especially during this crisis, the pharmaceutical sector has seen a tremendous hike in demand. Undoubtedly the complete responsibility falls on the shoulders of the healthcare world. People affected by this virus or having any other diseases are facing difficulty in going to the medical stores or chemists to buy medications.
Online medicine ordering applications are receiving high demand, ensuring people don’t face any issue. This is not a new business but has always been the most in-demand much before the pandemic.
Gyms and fitness centers are closed due to the pandemic. A lot of people who are believers of fitness and follow it with full dedication are missing out on their fitness sessions.
You can start an online app where trainers train the customers and set promising objectives to reach. Different types of workout procedures can be added to stay active and create a healthy environment during this breakdown.
Many people have moved towards the digital platform for getting fit and healthy. This fitness app industry has always been famous and applauded by people of all ages and will continue to do so.
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Pick and drop delivery app
As the provision of the offline services being paused for the cause of social distancing, the option of pick and drop delivery app is a great thing.
If the consumer needs a thing, he can order it to get picked and dropped at his house. This is becoming a rage as it is serving the comfort of having anything and everything at your place.
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Online medical van booking
Another idea that could make lives easy and secure during this crisis (and even in the future) is creating an online ambulance or medical van booking app. This pandemic has triggered a pharmaceutical commerce boom.
It will be an exceptional and fantastic idea altogether. In case, you need some help or expert advice on how you can transform this into reality, RavStack is here to help.
In the coronavirus crisis, it is challenging for brick & mortar businesses to find their sustainability in the market. Thankfully, the digital world provides a solution to this issue. Companies have an excellent opportunity to enhance their consumer reach by going online and boosting their sales through eCommerce marketplace.
As per the Quantum Metric report, online sales have enhanced 52% from last year, and the number of online buyers has increased by 8.8% since the lockdown started.
People are locked in their houses. They have a significant amount of time to invest in pursuing hobbies they like the most. Gaming is one of the most successful industries in today’s era.
Investing in the gaming business is the best thing as people are hooked to their mobile phones, tabs, or computer systems to pass through this lockdown time.
With the help of social media platforms, many famous names are connecting to their fan base. A lot of movies and television shows are again running on different TV channels and online media platforms for engaging people in this lockdown time.
It is one of the best pastimes for many people, and investing in it will be an enhancement to your venture from the beginning itself.
Due to this pandemic, people got disturbed as there is no vaccination yet invented for its cure. They are tense about their life and the safety of their family. The insurance industry is getting the full benefit of this crisis.
People are seeking insurance so that their loved ones are well-kept and secured. The insurance industry has always been thriving; however, lately, it has found its final edge due to the crisis.
Closing comments
This is an unprecedented time for the globe. While there is no way as yet to fight the global pandemic, social distancing is the only curb. To keep on the work, people like IT professionals, etc. are working from home.
Above are some industries that can be worth investing amidst COVID-19. Moreover, it is crucial to understand that the concept of the eCommerce marketplace comes with a futuristic approach.
RavStack truly believes that there will be a solution to this pandemic very soon. The world will be a healthier and safer place once again. And the businesses will be gaining their momentum.
Whether you are running a brand already, or have strategies to invest for better tomorrow, join the revolutionary hands of RavStack to go online. Get in touch with us, and we can help you generate revenue for your business.
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July 2, 2020
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September 30, 2020
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